The City is distributing this news release jointly with federal and provincial partners.
Bike Share Toronto Adding 1,000 New Bikes and Expanding Into New Neighbourhoods
Toronto, Ontario, August 15, 2018 — Today, Marco Mendicino, Member of Parliament for Eglinton-Lawrence, on behalf of the Honourable François-Philippe Champagne, Minister of Infrastructure and Communities; Toronto Mayor John Tory and Annalise Czerny, Executive Vice President of PRESTO, jointly reiterated their commitment to expand Toronto's Bike Share system.
The Government of Canada has committed up to $4 million through its Public Transit Infrastructure Fund (PTIF) for Bike Share expansion in Toronto, which is matched with another $4 million from the City of Toronto. Through this funding, the Toronto Parking Authority (TPA) was able to deliver 70 Bike Share Toronto stations in 2017 and is installing another 75 stations by the end of August this year.